Richmond township (Franklin Cnty), KS is a thriving township located in Franklin County. The cost of living in Richmond township is quite reasonable considering that 2 bedroom rent is $890, versus $1,430 in the US. It also has a lower grocery cost index at 93 compared to 100 in the US. Richmond township is home to several companies including KCI Construction Management Inc, Franklin County Fair Association, and 4D Machine & Welding. With its lower cost of living and ample businesses, Richmond Township makes for an attractive place to live or work.
Richmond township has an unemployment rate of 3.8%. The US average is 6.0%.
Richmond township has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Richmond township
- The Sales Tax Rate for Richmond township is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Richmond township is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Richmond township
- The average income of a Richmond township resident is $37,269 a year. The US average is $37,638 a year.
- The Median household income of a Richmond township resident is $75,682 a year. The US average is $69,021 a year.